NOAA has done a fantastic job of grouping together information relating to oceanic weather. The organization utilizes an updating server loaded with buoys located worldwide that stream a plethora of metrics right to your desktop. Below are some key links to monitor the path of the storm which ought to help traders draw their own conclusions about the strength of the storm and what it means for potential bets ahead of landfall. The storm is on track to make landfall in the Eastern part of the Gulf of Mexico (GoM). According to the US B.S.E.E, rigs closures have shrunk daily production in the GoM by 24.1%.
Here some statistics as of last night:
- BP evacuated their Thunderhorse Platform and halted production on their GoM platforms.
- Royal Dutch Shell evactuated their platforms and halted production also.
- Apache withdrew 750 works and contractors along with cutting production of Oil and Natural Gas
- Murphy Oil yanked workers also and also cut production on the GoM platforms.
- In all, 39 of 596 production facilities were evacuated which accounts for 6.54% of the group.
- 8 of 76 rigs currently operating in the GoM have been evacuated or 10.5% of the group.
Oil and Gas platforms in the Gulf:
Projected Path of Issac:
Key buoys that offer metrics on the storms strength at specific rigs:
You can also find more information on oil rigs operating in the Gulf of Mexico here.